Robex Resources' Predictive Discovery Merger Creates 'Well Funded,' 'Significant' Growth Potential Gold Producer, Says Euroz Hartleys

MT Newswires Live

2025/11/03

Robex Resources' (ASX:RXR) merger with Predictive Discovery (ASX:PDI) creates a well-funded, mid-tier West African gold producer with strong near-term cash flows from Kiniero operations and significant growth potential from Bankan operations, according to an Oct. 31 note by Euroz Hartleys.

The company reported that the construction of its Kiniero gold project in Guinea remains on track for the first gold pour in the fourth quarter.

Euroz Hartleys said that the merger enhances financial flexibility and production scale, and introduces operational synergies, positioning the combined company to deliver more than 400,000 ounces in 2029 with "exciting" exploration potential.

Euroz Hartleys maintained a speculative buy rating on Robex Resources with a price target of AU$6.05.

Robex Resources' shares fell nearly 4% in recent Monday trade.

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